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Tuesday
some how in the the line 14 box in addition to self employed earnings (which is correct) i got a new entry, "C" was added and an ammount I do not recognize -- what is it? where did it come from? tk...
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some how in the the line 14 box in addition to self employed earnings (which is correct) i got a new entry, "C" was added and an ammount I do not recognize -- what is it? where did it come from? tkx Jim
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Tuesday
It is a small estate, no savings, no stocks etc. Just a checking acct.
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Tuesday
If you are referring to a 6-digit IP PIN, that was issued by the IRS. TurboTax has nothing to do with that number--ask the IRS.
Call the IRS: 1-800-829-1040 hours 7 AM - 7 PM local time Monday-Fri...
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If you are referring to a 6-digit IP PIN, that was issued by the IRS. TurboTax has nothing to do with that number--ask the IRS.
Call the IRS: 1-800-829-1040 hours 7 AM - 7 PM local time Monday-Friday
Tuesday
You will be able to access the 2024 return you started by using the exact same account and user ID that you used when you started it. But you can no longer use online software for any further chan...
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You will be able to access the 2024 return you started by using the exact same account and user ID that you used when you started it. But you can no longer use online software for any further changes.
Start a 2025 return online and enter some personal information so that the menu on the left opens up and lets you access your past year returns.
Online tax preparation and e-filing for 2024 returns is now permanently closed.
Now it is too late to use online software or to e-file. If you have any changes/corrections at all to make to your 2024 return, you now have to complete it using desktop software, which you must download to a full PC or Mac (not to a mobile device).Then you need to print, sign and mail it.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/printers-printing/finish-prior-year-return-started-turbotax-online/L9Oe4M90A_US_en_US?uid=m68tffpe
If you already paid for your online software you can ask customer support for a download of the desktop software.
They are available from 5 a.m. to 5 p.m. Pacific time Monday - Friday
https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number
If you are getting a refund, there is no penalty for filing late. If you owe tax due, then file and pay the amount due as shown on the Form 1040, but expect a bill later from the IRS for the penalty and interest you will owe. Only the IRS will calculate this—TurboTax will not calculate it.
When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s. Use a mailing service that will track it, such as UPS or certified mail so you will know the IRS/state received the return.
Federal and state returns must be in separate envelopes and they are mailed to different addresses. Read the mailing instructions that print with your tax return carefully so you mail them to the right addresses.
Tuesday
They aren't ready yet. But Go to Federal Deductions and Credits Scroll down to Charitable Donations Donations to Charity in 2025
Tuesday
I got my CY 2026 IP PIN issued today (January 6th) and it is the same number I received for CY 2025. Has anyone else encountered this glitch?
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Tuesday
How can I add my personal donations?
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Tuesday
Go back though My Info and check all the questions for baby. Especially these 2. There is one that asks "...was at least half of child's expenses paid by CHILD"? Usually is NO, Child didn't pay for...
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Go back though My Info and check all the questions for baby. Especially these 2. There is one that asks "...was at least half of child's expenses paid by CHILD"? Usually is NO, Child didn't pay for more than half of their living expenses. Also that their ssn is valid for employment.
Tuesday
You are answering something incorrectly in MY INFO.
Make sure you have entered your child as a dependent in My Info, and that you have entered the child's Social Security number. Careful— do...
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You are answering something incorrectly in MY INFO.
Make sure you have entered your child as a dependent in My Info, and that you have entered the child's Social Security number. Careful— do not say that your child’s SSN is not valid for employment. If your child was born in 2025 make sure you said he lived with you the whole year. There is an oddly worded question that asks if the child paid over half their own support. Say NO to that question.
Tuesday
You have to access your own account and/or print it for yourself using exactly the same account and user ID that you used when you prepared the return.
https://myturbotax.intuit.com/
St...
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You have to access your own account and/or print it for yourself using exactly the same account and user ID that you used when you prepared the return.
https://myturbotax.intuit.com/
Start a 2025 return online and enter some personal information so that the menu on the left opens up and lets you access your past year returns.
https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-access-my-prior-year-return/01/27010
https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m5y4ch1y
Many people have multiple TT accounts and forget how to access them. Log out of the account you are in now.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?uid=ll5g6zcx
Account Recovery
Or did you use the desktop version of TurboTax? If so, the files are on your own hard drive or any backup device you used like a flash drive.
hhttps://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/find-last-year-tax-data-file-tax-file-computer/L0XJvPaJr_US_en_US?uid=m6gufxei
https://ttlc.intuit.com/turbotax-support/en-us/help-article/data-systems/find-tax-data-file-mac/L4VNGm33S_US_en_US?uid=m6guhab0
You can get a free transcript from the IRS or for a fee of $30, an actual copy of your tax return.
https://www.irs.gov/individuals/get-transcript
https://www.irs.gov/pub/irs-pdf/f4506.pdf
SAVE YOUR TAX RETURNS !
EVERY year before mid-October you should save a copy of your tax return as a pdf and print a copy of it for your records. That way you will not be searching online frantically when you need it for a lender, FAFSA forms, your next tax return, etc.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m6guj526
https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m78eb8pc
In order to transfer a past year return to the new return you need the tax file
https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-turbotax-online-return-tax-data-file/L4xwOG3LF_US_en_US?uid=m6guk3xl
NOTE: TurboTax and the IRS save returns for seven years. Returns older than seven years are purged.
Tuesday
1 Cheer
Ran into the same problem today on my Mac running 26.1. Tried copying last year's return to desktop as indicated in a thread from last year but that failed too!
Tuesday
What tax year are you asking about? If you mean 2025, it is not possible to file a 2025 return yet, so you do not "amend" a 2025 return. You just make necessary changes to your unfiled return, w...
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What tax year are you asking about? If you mean 2025, it is not possible to file a 2025 return yet, so you do not "amend" a 2025 return. You just make necessary changes to your unfiled return, which cannot be filed or accepted until late January. Do not click on anything that says "amend" for a 2025 return.
If you are asking about a past year return like 2024:
Wait until your original return has been fully processed before you amend, and make sure you have saved a pdf of the original return before you amend. (If you do not save it as a pdf, the amended return will overwrite the original, and the original will be lost forever)
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-already-filed/L4VjJ9BA2_US_en_US?uid=m76mq6z2
Do not expect quick results from amending. It can take four months or more for the IRS to process an amended return.
You can watch for information here:
@Josefjaims
Tuesday
1 Cheer
@Bsch4477 wrote:
Overtime is extra pay for exceeding pay for a usual 40 hour work week. Only the extra amount is deductible. You would have to calculate that amount from your pay stubs. TurboTax...
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@Bsch4477 wrote:
Overtime is extra pay for exceeding pay for a usual 40 hour work week. Only the extra amount is deductible. You would have to calculate that amount from your pay stubs. TurboTax will be updated to guide you through the deduction.
Be careful, the deduction does not apply to "Exempt" employees.
Tuesday
1 Cheer
The law says
For purposes of this section, the term “qualified overtime" means overtime compensation paid to an individual required under section 7 of the Fair Labor Standards Act of 1938 that is ...
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The law says
For purposes of this section, the term “qualified overtime" means overtime compensation paid to an individual required under section 7 of the Fair Labor Standards Act of 1938 that is in excess of the regular rate (as used in such section) at which such individual is employed.
"An exempt employee is a worker who is not entitled to overtime pay under the Fair Labor Standards Act (FLSA) because they typically perform executive, administrative, or professional duties and are paid on a salary basis above a certain threshold. To qualify as exempt, employees must meet specific criteria regarding their job responsibilities and salary level."
That means that if you are considered exempt from FLSA, and your employer pays you overtime as a benefit by contract or policy but it is not required by FLSA, then your overtime does not qualify.
If you are a non-exempt employee, then:
Also, "overtime" is the extra portion (the half-time in time-and-a-half) if you work more than 40 hours in a week. So for an hourly worker making, let's say, $10/hour who works 45 hours and gets paid $15 for the overtime, the deductible part is $5/hour x 5 hours of overtime.
Since it is not reported on the W-2 for 2025, you will have to calculate it yourself.
https://www.irs.gov/newsroom/one-big-beautiful-bill-act-tax-deductions-for-working-americans-and-seniors
Tuesday
@VolvoGirl wrote: @M-MTax I think you know about this. Am I correct they needed to file last year's 8/14/24 Business return using the 2023 program and the 2024 program for this year? Would t...
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@VolvoGirl wrote: @M-MTax I think you know about this. Am I correct they needed to file last year's 8/14/24 Business return using the 2023 program and the 2024 program for this year? Would they be able to efile from the prior year program? I'm not certain whether that prior year return can be e-filed, though. However, generally yes, you would use the 2023 software for fiscal years that begin in 2023 and end in 2024 and the 2024 software for fiscal years that begin in 2024 and end in 2025.
Tuesday
You cannot change the tax year. The current online program is for 2025 only. Only a 2025 return can be prepared online and only a 2025 return can be e-filed.
Online preparation and e-filing...
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You cannot change the tax year. The current online program is for 2025 only. Only a 2025 return can be prepared online and only a 2025 return can be e-filed.
Online preparation and e-filing for 2022, 2023, and 2024 is permanently closed.
Note: The desktop software you need to prepare the prior year return must be installed/downloaded to a full PC or Mac. It cannot be used on a mobile device.
To file a return for a prior tax year
If you need to prepare a return for 2022, 2023, or 2024 you can purchase and download desktop software to do it, then print, sign, and mail the return(s)
https://turbotax.intuit.com/personal-taxes/past-years-products/
You may also want to explore purchasing the software from various retailers such as Amazon, Costco, Best Buy, Walmart, Sam’s, etc.
Remember to prepare your state return as well—if you live in a state that has a state income tax.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0
When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s. Use a mailing service that will track it, such as certified mail so you will know the IRS/state received the return.
Federal and state returns must be in separate envelopes and they are mailed to different addresses. Read the mailing instructions that print with your tax return carefully so you mail them to the right addresses.
Tuesday
You have to access your own account and/or print it for yourself using exactly the same account and user ID that you used when you prepared the return.
https://myturbotax.intuit.com/
St...
See more...
You have to access your own account and/or print it for yourself using exactly the same account and user ID that you used when you prepared the return.
https://myturbotax.intuit.com/
Start a 2025 return online and enter some personal information so that the menu on the left opens up and lets you access your past year returns.
https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-access-my-prior-year-return/01/27010
https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m5y4ch1y
Many people have multiple TT accounts and forget how to access them. Log out of the account you are in now.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?uid=ll5g6zcx
Account Recovery
Or did you use the desktop version of TurboTax? If so, the files are on your own hard drive or any backup device you used like a flash drive.
hhttps://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/find-last-year-tax-data-file-tax-file-computer/L0XJvPaJr_US_en_US?uid=m6gufxei
https://ttlc.intuit.com/turbotax-support/en-us/help-article/data-systems/find-tax-data-file-mac/L4VNGm33S_US_en_US?uid=m6guhab0
You can get a free transcript from the IRS or for a fee of $30, an actual copy of your tax return.
https://www.irs.gov/individuals/get-transcript
https://www.irs.gov/pub/irs-pdf/f4506.pdf
SAVE YOUR TAX RETURNS !
EVERY year before mid-October you should save a copy of your tax return as a pdf and print a copy of it for your records. That way you will not be searching online frantically when you need it for a lender, FAFSA forms, your next tax return, etc.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m6guj526
https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m78eb8pc
In order to transfer a past year return to the new return you need the tax file
https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-turbotax-online-return-tax-data-file/L4xwOG3LF_US_en_US?uid=m6guk3xl
NOTE: TurboTax and the IRS save returns for seven years. Returns older than seven years are purged.
Tuesday
If I made a mistake on my fed taxes and need to ammend with 8332 should I go ahead and send it in now or wait until original is accepted?